Outlook for GCC economy remains uncertain, say investment experts | GulfNews.com:
"The outlook for the economy in the Gulf Cooperation (GCC) region remains uncertain this year, as the states continue to deal with challenges, according to a new study.
In the sixth annual Middle East Societies Market Sentiment survey, investment professionals in the Middle East and North Africa (Mena) were asked about a number of economic issues facing the region today.
They highlighted that low oil prices, geo-political instability and lower expenditures will remain the most important concerns this year. “Debt raising activities” are forecast to increase, while the stock markets in Bahrain and Saudi Arabia are likely to face a challenging period, although Dubai is expected to fare better. Survey respondents also highlighted the urgent need for the regional economies to diversify from oil revenues."
'via Blog this'
No comments:
Post a Comment